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Vice President of Product Innovation

2 months ago

Memphis, Tennessee, United States augmentjobs Full time
Job Overview

Position Summary: We are in search of an experienced and forward-thinking Vice President of Product Innovation to spearhead our product development initiatives. This pivotal role demands a strategic visionary with a solid history of fostering product advancements, leading diverse teams, and executing product initiatives that resonate with our organizational objectives.

Core Responsibilities:

  • Visionary Leadership: Formulate and execute product innovation strategies that align with the company’s mission and market demands. Provide inspirational leadership to guarantee the successful introduction and continuous improvement of products.
  • Team Leadership: Guide, inspire, and cultivate a team of product leaders, engineers, and designers. Promote a collaborative and high-achieving environment.
  • Product Lifecycle Oversight: Manage the complete product lifecycle from ideation to market entry, encompassing market analysis, product design, development, testing, and commercialization.
  • Market Insights: Perform market assessments and competitive evaluations to uncover emerging trends, customer preferences, and potential growth avenues.
  • Collaborative Engagement: Work closely with executive management, marketing, sales, and customer service teams to ensure product offerings meet market expectations and align with corporate objectives.
  • Resource and Budget Management: Create and oversee the product development budget. Efficiently allocate resources to achieve project timelines and goals.
  • Continuous Improvement: Foster ongoing enhancement and innovation in product development practices and frameworks. Encourage inventive solutions and exploration.

Required Qualifications:

  • Educational Background: Bachelor’s degree in Business, Engineering, Product Management, or a related discipline. An MBA or advanced degree is preferred.
  • Professional Experience: Over 10 years of experience in product development or management roles, with a minimum of 5 years in a senior leadership capacity.
  • Leadership Expertise: Demonstrated experience in leading cross-functional teams and managing intricate projects.
  • Technical Knowledge: Strong grasp of product development methodologies, including Agile and Lean. A technical background or experience collaborating with engineering teams is advantageous.
  • Strategic Acumen: Capability to think strategically and make informed, data-driven decisions. Proven success in crafting and implementing product strategies.
  • Communication Skills: Exceptional verbal and written communication abilities. Proficient in influencing and negotiating with stakeholders across all levels.

Employee Benefits:

  • Comprehensive health, dental, and vision coverage
  • 401(k) plan with company contributions
  • Generous vacation and paid time off policies
  • Opportunities for professional growth and development
  • Flexible working arrangements